Andean Community

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Andean Community

An international trade organization consisting of Bolivia, Colombia, Ecuador, and Peru, along with some associate and observer countries also located in Latin America. It was established in 1969; in 1992, member nations signed a free trade agreement.
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The weakening of the Andean Community of nations, as a result of disputes between Venezuela and its other members, did not mean the strenghtening of the Bolivarian integration nor the strenghtening of Venezuela within regional community.
At the time of his election as a President, Venezuela had been a member state of the Andean Community of nations together with four other states: Bolivia, Ecuador, Colombia, Peru.
Venezuela was a unique country in the Andean Community of nations. All the member states and their governments have gradually, since the new millenium, tried to tie their relationships even outside South America, mainly we are talking about the United states.
On the one side they have formed with Venezuela the Andean Community of nations and thus they have cooperated with Venezuela in all aspects, on the other side they were closer to the USA and they did not like Chavez's policy directed right against the USA.
Despite the previous concluded agreements such as the Andean trade Preference Act (ATPA) from December 20, 1991, Chavez considered this act from a side of his neighbours and partners Colombia and Peru as a blow below his belt, as something negative and counterproductive that his partner countries are getting increasingly closer to the USA and by their signatures of both free trade Agreements their approach had gained significant character and as something by which all the efforts exerted within the Andean Community of Nations had definitely canceled.
It was originally formed in 1969 as the Andean Pact (later called the Andean Group and later the Andean Community of Nations).